An Endowment Fund is a lasting gift. It is a seed we plant for the future. Endowment funds provide income for immediate use while the principal remains intact and grows. The Foundation is a responsible vehicle for Tzedakah. Purposeful giving embraces the best of Jewish values and our heritage. As a permanent resource, your endowment gift helps to ensure that our Jewish community will have the funds needed to sustain and enrich the lives of future generations.
Establish an Endowment Fund in your name with a current or deferred gift. The fund can be restricted to benefit any single synagogue, agency or organization you select, or it can be part of our General Endowment Fund for disbursement to wherever the needs are greatest for the future Jewish community. With endowed funds, only the income is dispersed annually to the donor’s designated charity, the principal being left intact and invested for growth. These permanent funds are the safekeeping our Jewish community needs to ensure its future.
Types of Endowment Funds:
Unrestricted Endowment Funds Annual campaigns can no longer shoulder the entire burden of the financial well being of the Jewish community. Federation and Foundation must join together to achieve this goal. The Unrestricted Endowment Fund is a permanent financial resource which provides a steady and growing stream of dollars to guarantee our community’s response to the future needs of a changing Jewish community.
Restricted Endowment Funds As a donor, you may restrict the use of your fund to a specific program, agency, organization or synagogue within the Jewish community.
Each year the chosen recipient will receive income from your gift to continue its work. Restricted Endowment Funds serve the needs of your designated organization and your fund continues to grow. Your gift sustains them and your legacy lives on for generations to come.
Field of Interest Endowment Funds You may prefer to support a general field of Jewish communal activities such as education, youth, the elderly or social services in Israel. Education is even more vital in helping us preserve our Jewish identity. More services for older adults are needed as this segment of our population grows. Israel, isolated among hostile neighbors and struggling with economic burdens, counts on our aid to maintain vital human services. Each year your Field of Interest Endowment fund will support programs in your area of interest. You can be assured that your gift will be there to sustain that group into the future.
Perpetual Annual Campaign Endowment – PACE A PACE fund is used to endow your gift to the Jewish Federation of Central New York. Every year the income generated from your PACE fund is donated to the Jewish Federation of Central New York’s annual campaign in your name as an everlasting tribute. You will be forever recognized in the annual listing of donors to the campaign. This is an important vehicle to ensure the stability and growth of our community’s annual campaign.
The Community PACE Fund This special community endowment fund was created to provide an opportunity for smaller donors to contribute to a Perpetual Annual Campaign Endowment Fund.
The name of the donor, a loved one to be memorialized or a friend to be honored will be added to the growing list names in this fund with a minimum $100 donation for each name.
Use of this fund can be considered a “forever gift” that keeps on giving. All income from this fund will be sent each year to the Jewish Federation of CNY’s annual campaign in perpetuity.
NAMED ENDOWMENT FUNDS- Unrestricted
Steven & Linda Alexander Martin & Nancy Belkowitz Mark & Susan Field Walter & Lillian Gale Allen & Nirelle Galson Edgar & Eva Galson Alice S. Honig Alexander & Charlotte Holstein Elaine & Mark Matloff Lynn & Corinne Smith Sonne Family Fund
NAMED ENDOWMENT FUNDS – Restricted
To benefit the Jewish Federation of CNY Annual Campaign - PACE Funds Howard & Sara Alexander LOJE Eli and Iris Cohen Murray & Roberta Daitchman Aveeya & Jonathan Dinkin Rodney B. & Marjorie S. Fink Deborah Friedman & Scott Mackler LOJE Deborah Friedman & Scott Mackler Adult Education Alexander & Charlotte Holstein Georgina & Paul Roth Barry & Sharon Slosberg
To Benefit Congregation Beth Sholom Chevra Shas - CBS-CS Fund for the Future Anonymous Howard & Sara Alexander Steven & Linda Alexander Joseph Bearman Steven & Arlene Kanter Kepnes Robert & Carole Millstein Jef Sneider & Gwen Kay Ruth Stein
To Benefit the Syracuse Hebrew Day School Aveeya & Jonathan Dinkin
To Benefit Menorah Park Aveeya & Jonathan Dinkin
To Benefit Other Organizations Craig & Karen Atlas Restricted Fund Alice S. Honig Na’Amat Fund Alexander & Charlotte Holstein Restricted Fund Mark & Jeanette Levinsohn / Light-Orr Fund
NAMED ENDOWMENT FUNDS- Unrestricted
Carol Berendt William & Sylvia Cohen Solly & Belle Cohen Kenneth & Catherine Gale Bernard and Norma Goldberg Jacob & Ann Hootnick 70th Anniversary Baurice & Helen Laffer Dr David and Marjorie Marshall F.L. Putnam Foundation *Lynn H. Smith *Lillian Spector Myrna Rubenstein Sam Pomeranz Trust Warren D. Wolfson
FIELD OF INTEREST Jewish Camp Scholarship Field of Interest Endowment EARL BUCK
NAMED ENDOWMENT FUNDS
To Benefit the Jewish Federation of CNY Annual Campaign - PACE Funds Anonymous M & A Paula Alexander LOJE *Steven K. Alexander Memorial Ivy Besdin Community Gerda Friedeman/Ruth Stein Allen & Nirelle Galson *Arlene & Jerome Gerber Sandra & Lawrence Gingold Bernard & Norma Goldberg Frank & Beverly Goldberg Neil & Robin Goldberg Michael & Jacki Goldberg Alexander & Charlotte Holstein *Martin Irwin Sid & Donna Lipton *Marcum Family Goldye & Ben Meltzer Robert and Diane G. Miron William Serog Julius, Esther & Helene Shrier J. Jeffrey Solomon Gershon & Dina Vincow Howard & Anita Weinberger
To Benefit Congregation Beth Sholom Chevra Shas - CBS-CS Fund for the Future *Herbert & Ettarae Alpert Alan Braverman & Susan Hodge Ona & Bernard Bregman Casper Family Fund William & Sylvia Cohen Richard & Abbe Eggert Goeler, Wagner, Samuel - Camp Ramah Celaine & Victor Hershdorfer Rabbi Jezer Lectureship & Education Fund Sid & Donna Lipton Gus & Alice Pearlman Schonfeld / Feldman Helene Shrier Gershon & Dina Vincow Howard & Anita Weinberger
To Benefit Temple Adath Yeshurun Endowment Fund Hilbert I. and Miriam N. Fleischman Philanthropic Fund for Temple Adath Yeshurun
To Benefit the Syracuse Hebrew Day School SHDS Alumni Legacy Fund SHDS Cindy Martin Library Fund SHDS Class of 2006 Legacy Fund SHDS Committee for 50 SHDS Barbara Davis Retirement Scholarship Fund SHDS Endowment Fund SHDS/Pomeranz Scholarship Fund SHDS Tikun O’lam Fund
*new in this fiscal year
To Benefit the Rabbi Epstein Hebrew High School Epstein Hebrew High School/Pomeranz Fund
To Benefit the Jewish Music & Cultural Festival JMAC Fund
To Benefit the JCC Barry Lewis Fund for the JCC Steven & Jacquelyn Miron Fund for Capital Needs Dorothy & Marshall M. Reisman Fund *Marcum Family for Senior Lunch
To Benefit Holocaust Study Joseph Elman Family Fund for Holocaust Studies
To Benefit Blood Donations Ruth & Ronnie Greenhouse Blood Donations Memorial Fund
To Benefit Research for Multiple Myeloma & Macular Degeneration Warren H. Frank Memorial Fund
To Benefit American Civic Liberties Union *Donald & Linda Schoenwald Fund
To Benefit teen trips to Israel Israel Passport Fund
To Benefit The CNY Jewish Community Frieda, Morris and Marilyn Miller Charitable Endowment
To Benefit Feeding the Hungry in CNY Ben & Mae Meltzer Endowment Fund
To Benefit Various Charities in CNY Earl & Trudy Kletsky Endowment Fund *Anonymous
To Benefit American Friends of DVI and American Friends of Magen David Adom William Serog Foundation
To Benefit Brooklyn College Hillel *Frances Irwin Brooklyn College Hillel Memorial Fund
To Benefit Teen Funders Fund *Linda Alexander Teen Funders Fund
Memorial Funds The Elad Ben David Memorial Fund
Community Pace Fund- names not included in annual report Bernard & Harriett Martin Estate Rich & Theda Friedman Judith Stander Rosalind Rudolph Stephan